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Politics : Politics for Pros- moderated
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To: Ilaine who wrote (111998)5/1/2005 5:06:06 AM
From: unclewest  Read Replies (1) of 793931
 
Does anybody know whether it would still be solvent if we adhered to the original beneficiary scheme?

SS would still be solvent if the extra cash collected all these years was placed in a real trust fund and not squandered as it was.

I am amazed at how many of my own family members still believe in the myth known as the SS trust fund. They just can't bring themselves to believe the money was spent on prior federal budget items other than SS.
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